... I have previously referred to Abby Joseph Cohen, Larry Kudlow and Joe Battapaglia as the "tricycle of the bull market" with Abby the big front wheel ... but lately Joe the Batt-man and his company, Gruntal, are lacking in spirit, as Joe's Market Commentary (usually updated weekly) has not been revised since November 13 ... in that November 13 commentary, Joe calls for the DJIA to be at 12,500 (now 10,569), the S&P 500 to be at 1,625 (now 1,355) and the Nasdaq Composite to be at 4,300 (now 2,926) on December 31, 2000 ... with those predictions, I would be hiding also ... good luck to you, Joe ...
gruntal.com
Ken |
